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RM (LON:RM) Shares Pass Above 50 Day Moving Average - Here's Why

RM logo with Computer and Technology background

RM plc (LON:RM - Get Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 101.02 ($1.37) and traded as high as GBX 112 ($1.52). RM shares last traded at GBX 109 ($1.48), with a volume of 14,027 shares.

RM Price Performance

The stock has a market cap of £92.07 million, a P/E ratio of -1.98, a PEG ratio of 0.40 and a beta of 2.19. The company has a debt-to-equity ratio of 543.30, a current ratio of 1.00 and a quick ratio of 0.38. The business's fifty day moving average price is GBX 101.30 and its 200 day moving average price is GBX 102.97.

RM (LON:RM - Get Free Report) last announced its quarterly earnings results on Tuesday, March 18th. The company reported GBX 11.80 ($0.16) EPS for the quarter. RM had a negative return on equity of 311.10% and a negative net margin of 24.97%. Sell-side analysts forecast that RM plc will post 13.5042735 EPS for the current fiscal year.

About RM

(Get Free Report)

RM plc supplies products, services, and solutions to educational markets in the United Kingdom, Europe, North America, Asia, the Middle East, and internationally. It operates through three divisions: RM TTS, RM Assessment, and RM Technology. The company designs and owns proprietary products for schools; and offers platform delivery of digital assessment and exam marking solutions for accreditors, educators, and learners.

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